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Tariffs and Low Consumer Confidence Shake US Spending Outlook

New York, NY, USA

May 01, 2025 Negative I want money/finance advice

What this means for you:

•	the political spat on tariffs and the slump in consumer sentiment
•	highlight growing economic jitters in the US. Many worry that continuously elevated prices could dampen discretionary spending, fueling a cycle of slower growth. Companies that rely on consumer demand, from retail to hospitality, are watching closely for signs of a deeper downturn.

What this means for you:

•	If you see higher prices on essentials, consider comparing retailers or using coupons to cushion the impact.
•	Reassess your financial buffer—an emergency fund can help offset job uncertainty.
•	In the meantime, track policy shifts as ongoing tariff disputes may further drive up goods’ costs.

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Tariffs and Low Consumer Confidence Shake US Spending Outlook - via @TheWkly